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Trinseo plans to close its polycarbonate plant in Stade, Germany, by next January. The company disclosed in March that it was in discussions with the plant’s works council for a possible closure. Trinseo will buy the polycarbonate, which it uses for acrylonitrile-butadiene-styrene blends, from outside suppliers. It estimates that the change will save it up to $20 million annually. The company is also combining its engineered materials, plastic solutions, and polystyrene businesses into a single unit—a move that will yield $30 million in annual savings.
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